All posts tagged Boyle Sports

Italy’s central bank president, Mario Draghi, one of the leading contenders for ECB President.

Want to get a sense of who the market thinks will be the next president of the European Central Bank, after Jean-Claude Trichet steps down in October?

Don’t bother looking at the euro, which is being swept around by other factors. Who’s a hawk? Who’s a dove? Who cares? The dollar is in freefall, so by definition, the euro is flying high.

Instead, nip down to the local betting shop. Yes, you really can bet on anything these days. Paddy Power and Boyle Sports (since when has running the ECB been a sport?) are both offering odds.

In the lead: Italian central bank governor Mario Draghi. The Italian stallion (sorry) is practically lapping the competition, with Paddy Power ranking him as the 4/7 favourite, noting, however that his odds have lengthened from 4/9 “as other contenders have shown their worth and doubts over Italian scandals have intensified.”

In second place lies European Financial Stability Facility chief Klaus Regling…